29.12.14

Dec 29

FUNDAMENTAL ANALYSIS BY NSFX 29.12.2014

  • BY: Nati
  • December, 29th, 2014 12:02 +00:00

Good morning,

 

We enter the final week of 2014 with very little data to look at this Monday. Japan shuts down following Tuesday’s session, and reopens Sunday night GMT. USDJPY trading at 120.46 and EURJPY trading at 146.87

The NIKKEI was trading at 17729.84 down 89.12 points or 0.50%

In Europe Greek Presidential elections are taking place, while in Switzerland the UBS Consumption Indicator for November reading was 1.29 down from 1.32 previously. USDCHF trading at 0.9870 while EURCHF trades at 1.2027 A quiet week ahead on the data front in Europe as well due to the holiday period.

The FTSE100 is trading at 6620.66 while the DAX is trading at 9831.60

In the US the Dallas Fed Manufacturing Index is published today. Tomorrow should see the important Consumer Confidence reading for December. EURUSD trading at 1.2192 USOIL is selling at $55.44 per barrel and GOLD is trading at $1193 per ounce at time of writing.

The DOW closed last week at 18053.71

Hope you all have a nice week.